Security Interests in Chattel Paper

Chattel Paper

Chattel paper is one of the categories of personal property identified in the Personal Property Securities Act 2009 (Cth) (“PPSA”). The concept derives from Article 9 of the United States Uniform Commercial Code and it appears also in all the Canadian provincial personal property security statutes and the New Zealand Personal Property Securities Act 1999. The main reason the PPSA distinguishes ...

Assessing Stakeholders’ Interests in Postal Security

The events of October 2010, where terrorists managed to get explosive devices onboard of three passenger aircrafts and two air freighters, demonstrated weaknesses of the international air cargo and airmail security. Ever since, postal security has gained interest among policymakers and authorities. This study augments the limited body of academic literature on the topic by demarcating areas of ...

Security Interests, Misbehavior, and Common Pools

The Modigliani-Miller Theorem on the irrelevance of corporate capital structure is perhaps the best-known result in modern finance. Simply put, the theorem states that, under certain assumptions, the market value of a firm is independent of its capital structure. Under the stylized assumptions of the theorem, substituting equity for debt or adding layers of debt to the capital structure of a fi...

Position Paper: Security and Simplicity

The last several months have raised public awareness of the extent of Internet monitoring by governments. The obvious defense is to use more cryptography, and in particular end-to-end encryption. This is done all too seldom, which in turn raises the question of why: why do so few sites, users, and protocols employ end-to-end encryption? Is there something that standards bodies such as the IETF ...

Zimbabwe Food Security Issues Paper